Vishal Khandelwal is an author, former equity analyst, and fellow podcast host. He is an insightful writer on investing and how to live a good life, and has amassed a large following. In this episode, we discuss his inspiring book 'The Sketchbook of Wisdom', and the lessons he brings from writing it. We also cover habits for closing out the noise, thoughts on re-reading books, and the philosophy of Ikigai. We welcome all suggestions of interesting authors, books, investors, and voracious readers. For more info about the podcast, go to the episode page and follow us on Twitter. This episode was recorded on October 17, 2022.—————————————Episode Chapters(00:00) Intro by Eddie & Niklas (01:02) Introduction to Vishal (03:35) How Vishal’s passion for investing started(11:55) The story of a holocaust survivor (15:44) The five parts of the book(17:36) Chop wood, carry water(22:20) Ikigai(30:50) The biases Vishal suffers from(33:14) Is knowing nothing the highest form of wisdom?(35:34) Age as an obstacle to learning?(37:28) How to reach financial independence(43:26) Prerequisites for becoming a full-time investor (50:40) Dealing with bear markets (55:48) Thoughts on portfolio allocation(58:50) Vishal’s latest investing mistake (1:02:01) Habits for shutting out the noise (1:05:45) Shut Up and Wait(1:10:31) Thoughts on re-reading books—————————————Books MentionedThe Sketchbook of Wisdom - Vishal KhandelwalShut Up and Wait - Vishal Khandelwal (To be released) The Intelligent Investor - Benjamin GrahamPoor Charlie’s Almanack - Peter KaufmanHow to Stop Worrying and Start Living - Dale Carnegie Man’s Search for Meaning - Viktor Frankl The Bhagavad Gita—————————————The One Percent Show (Available on Youtube, Spotify, Apple Podcasts, etc.) Safal Niveshak WebsiteVishal's Twitter—————————————About the PodcastIntro episode: https://www.redeye.se/podcast/investing-by-the-books/817383/0-intro-to-investing-by-the-books—————————————What is Investing by the Books?Investing by the Books was founded by Henrik Andersson, Bo Börtemark, Mats Larsson and Michael Persson. It has published hundreds of book reviews in the past 10 years and operates on a non-profit basis. Visit the website: http://www.investingbythebooks.com/Follow on Twitter: https://twitter.com/Investbythebook—————————————What is Redeye?Redeye is a research-centered boutique investment bank from Stockholm. Founded in 1999, Redeye cultivates investors through timeless knowledge, a humble attitude, and a strong focus on quality. Visit the website: https://www.redeye.se/Follow on Twitter: https://twitter.com/Redeye_—————————————DisclaimerNotice that the content in this podcast is not, and shall not be construed as investment advice. This information is meant to be informative and for general purposes only. For full disclaimer, visit Redeye.se